Investment Banking Associate - Power, Utilities & Infrastructure (Renewables)

Truist Wealth; New York (NY); On-site; USD 158,000 - 193,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

Life insurance

Disability insurance

401(k) plan

Paid vacation and sick days

Job summary

Crump Life Insurance Svcs Inc. in New York is seeking an experienced investment banking Associate to support deal execution and client communications across sellside and buyside M&A mandates and private capital raises.

You will review CIMs, MPs, and financial models, while mentoring Analysts on live deals in energy, industrials, and financial services sectors. Senior bankers will manage M&A and debt/equity capital raising activities, aiming to deliver a balanced mix of transactions and to

Qualifications

• BA/BS degree required.
• Minimum of 5 years of related work experience.
• Strong knowledge of investment banking, market, industry sector, and financial products.
• Mastery of financial and accounting concepts to facilitate in-depth financial models.
• Strong organizational and leadership skills.
• Advanced written and oral communications and interpersonal relationship management.

Responsibilities

• Support new business development, due diligence, and transaction execution.
• Draft internal/external documents, marketing materials, modeling, due diligence, and transactions; work with clients and attorneys.
• Mentor Analysts or Interns and build cross-functional relationships.

Skills

Investment banking knowledge

Financial modeling

Leadership

Written & oral communication

Analytical skills

Sales skills

Education

BA/BS degree

MBA in Finance

Job description

Regular or Temporary: Regular Language Fluency: English (Required) Work Shift: 1st shift (United States of America)

Please review the following job description: Associates on the Power, Utilities & Infrastructure Investment Banking team support all aspects of deal execution and client communication across sellside and buyside M&A mandates and private capital raises. Responsibilities include building and reviewing CIMs, MPs, financial models, and valuation analyses. Associates are also expected to provide guidance and mentorship to Analysts in the compilation of materials. Junior bankers on the PU&I team are staffed on multiple live deals across the unregulated renewables, regulated utility, and energy transition sectors. The team currently has active M&A and capital raising mandates. Responsible for providing client relationship management and investment banking services including strategic advisory services to corporate and private equity clients related to buyside and sellside M&A, debt and equity capital raising, designated by industry/sector. Industry coverage includes industrials, financial sponsors, consumer and retail, healthcare, financial institutions, energy, and technology, media and telecom. Senior investment banking professionals are expected, over time, to generate a balanced mix of M&A, debt and equity capital raising of $7 million to $30 million subject to the attributes of their sector coverage. In addition, senior investment banking professionals are expected to “sell the bank” by appropriately positioning the banks treasury and payment solutions product suite as well as floating rate and F/X, private wealth, insurance and other services. Senior investment banking professionals are also expected to serve the bank's corporate banking and commercial clients with strategic advisory and the aforementioned traditional investment banking services in partnership with the primary Commercial and Corporate Banking coverage professionals.

Essential Duties and Responsibilities

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. 1. Plays an integral role in supporting new business development, due diligence, and/or transaction execution
2. 2. Under limited supervision, performs tasks assigned and managed by senior staff, including drafting internal and external documents and marketing materials, modeling, due diligence, executing transactions, as well as working with clients, attorneys, investors, interested parties and/or other senior professionals on a day-to-day basis
3. 3. May coach and mentor Analysts or Interns. Builds cross-functional relationships within CIB Required Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Required Qualifications

1. 1. BA/BS degree
2. 2. Minimum of 5 years of related work experience
3. 3. Strong knowledge of investment banking, market, industry sector, and/or financial products
4. 4. Mastery of financial and accounting concepts to facilitate the creation or review of in-depth financial models involved in transactions
5. 5. Strong organizational and leadership skills
6. 6. Advanced skills in written and oral communications, and interpersonal relationship management
7. 7. Solid analytical and sales skills

Preferred Qualifications

1. 1. MBA degree, with a Finance focus
2. 2. 5+ years of sector experience with strong technical capabilities

The annual base salary for this position in New York is $175,000

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work. Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace. EEO is the Law E-Verify IER Right to Work About Truist Truist is a purpose-driven financial services company, formed by the historic merger of equals of BB&T and SunTrust. We serve clients in a number of high-growth markets in the country, offering a wide range of financial services. At Truist, our purpose is to inspire and build better lives and communities. That happens through real care to make things better. To meet client needs, to empower teammates, and to lift up communities. Learn more about Truist on truist.com.